The first stage of the Market Entry process is to become a BSC Party. This is done by signing the BSC Accession Agreement, which is a contract between ELEXON and the applicant. On signing the Accession Agreement the applicant is agreeing to abide by the rules and obligations set out within the BSC.

Applicants must also pay a one off £500 application fee and be aware that on becoming a BSC Party all parties start paying the monthly membership fees of £250+VAT.

Section A of the BSC lists the requirements you will need to fulfil to become a BSC Party.

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What do I need to do?

1. Complete and sign 2 original copies of the BSC Accession Agreement. The agreements should be signed by the registered company director but not dated. Once we receive the agreements we will date and countersign them before returning one back to you.

Send the signed agreements to:

Market Entry

Customer Operations

Elexon Limited

4th Floor

350 Euston Road

London

NW1 3AW

2. Complete the Accession Form and send to Market Entry (market.entry@elexon.co.uk). This is to provide us with the details required to support you through the Market Entry process.

3. Send the £500 Application Fee - This can be paid by Cheque/BACS or CHAPS.

BACS/CHAPS payments can be made using ELEXON's details as follows:

Account Name: ELEXON Ltd

Account Number: 60115819

Sort Code: 20-00-00

Bank: Barclays Bank Plc

Branch: 1 Churchill Place, London, E14 5HP

Please note that the above bank account is for ELEXON charges only and is separate to the two bank accounts used by the Funds Administration Agent (FAA) for Trading Charges and Credit Cover. For more information on ELEXON charges please see the BSC Costs & Charges webpage.